FCI Standard Commercial
WHY CHOOSE FCI STANDARD COMMERCIAL?
The Future Climate Info Standard Commercial report contains all the information essential for a commercial environmental report.
This report complies with the Law Society guidance and practice notes and includes a professional opinion on all data provided. The information provided is clear and concise to make it easy to read.
WHO DOES FCI STANDARD COMMERCIAL HELP?
FCI Standard Commercial is suitable for the following:
- Commercial
- Existing properties
- Nationwide
- Buyers
- Lenders
- Specific areas
FCI Standard Commercial is not suitable for the following:
- Residential
- Vendors
- Development sites
- Tenants
HOW DOES FCI STANDARD COMMERCIAL WORK?
This report analyses data on contaminated land, flood and ground stability. To keep things clear and concise the report uses a modular approach, ensuring that each element provides a consistent response for each report across the product range.
The report contains the relevant datasets for each module from all the key sources, including FCI’s own high quality, unique research of historical maps for potentially contaminated and in-filled land.
As each report uses a modular approach to ensure the data is uniform throughout the range, you can select the report with the modules you require:
- Standard – environmental, environmental and geological setting, flood and ground stability
- Premium – environmental, environmental and geological setting, flood, ground stability, and energy and infrastructure.
WHAT DOES FCI STANDARD COMMERCIAL REVEAL?
The report comprises the relevant datasets from all the key information sources, which includes FCI’s own high quality research of historical maps for potentially contaminated land and in-filled land.
Each data module consists of various information which is key to an environmental report. Consideration of environmental issues and contaminated land has become a key element of the conveyancing process. Identifying historical industrial activities and past waste disposal practices such as gas works, chemical works, landfill sites, storage works and petrol stations ensures that the homebuyer is informed in-line with Law Society guidance.
As well as contamination, other environmental risks can affect a property. The Law Society practice note lists surface water, groundwater, river and coastal as the most common types of flooding. The report contains comprehensive, property-specific information on these flood risks from all the authoritative sources. The report goes further by reporting the recorded history of flooding for the property and an indication is also given of the likelihood of obtaining flood insurance.
It is now common practice in conveyancing to check for ground stability risks such as coal mining, mining in other mineral, areas of unstable ground, natural cavities (such as sinkholes) and clay shrinkage. FCI reports contain comprehensive, property specific information on these risks from all the authoritative sources.
AVAILABILITY
This report is available within 24 hours.